
History and Pro¬ 
duction of 


The Gold Fields of 
| Boulder 
County 


Colorado 



The Coming Gold Fields of Colorado 
























YOU WON'T BE SORRY IF YOU GET IT OF 


WILSON 


He Sells Hardware and Mine Supplies 


• • • 
• • 
• • » 
• • 




W E have everything in Hard¬ 
ware and Mine Supplies. 
Our sLore is choke full of 
dependable goods, our windows are 
filled with seasonable Hardware sug¬ 
gestions, and we want every person 
in Boulder County, and others, to 
visit our store. You don’t have to 
buy anything, but come in anyway, 
and let’s get better acquainted, then 
when you do want something 


YOU' CAN’T HELP REMEMBERING 


WILSON 


1 1J3 PEARL ST. BOULDER, COLO. PHONE 953 RED 


He Sells Hardware 


{ 


\ 


\ 













HISTORY AND PRO¬ 
DUCTION OF 

The Gold Fields of Boulder 
County , Colorado 


BY 


EDWARD MONROE 

\ V 

AND 

JOHN R. WOLFF 


0 


Copyright Applied for, April, 1905 
by the Authors 


PUBLISHED UNDER THE AUSPICES 
OF THE UNITED STATES GOLD 
CORPORATION 


PRESS OF THE BOULDER DAILY HERALD 


3 


> ■> y ) 
> :> 

) •>) 














CONQUERS, 

Owe Cofv fo&emr) 


*At, IB 1905 




DUtM ^tiu Wa 

J /ST/ 2- 


(By Norris C. Sprigg, of Ores and Metals, Denver, Colo.) 


QQyy _'k ._„ , fM pvA-r before has there been anything like the present extent of in¬ 


terest directed to mines and mining as a legitimate and profitable means 
of operation. The materially improved facilities for mining and saving 
the values of the mineral, the slump in all kinds of industrial stocks, 
and the failure to produce on the part of the oil wells of Ohio, Indiana 
and elsewhere, are naturally attracting the response of the abundance 
of idle capital, in the hands of the wide awake investor who is ready 
to be “shown.” 

Mr. John Stewart Mill, the profound sage of political economy very 
aptly divided the world into two great classes, the “consumer,” and the 
“producer,” limiting the latter to 40 per cent thereof, with which-mi- 
nority it is but just to include the ever persistent and seemingly impelled, 
process man and prospector, the miner and the “mill man,” the “push¬ 
er” and the promoter. These are “they that do things,” and in conse¬ 
quence of whose combined efforts, hundreds of millions of dollars are 
annually added to the wealth of the world and “monuments” will be 
built to their memory “and their children’s children will rise up and call 
them blessed.” 

In mining, what has been done, and how, what is being done and 
how, what WILL be done and how, afford an indefinite margin for 
contemplation. Mainly, what not to do, and where not to go having 
been determined. The past and present are no possible criterion for the 
future. Thus far only the surface has been scratched, and yet against 
whatever odds, numerally, more mines have produced a “million” than 
are developed to a depth of five hundred feet. Formerly sixty dollars a 
ton were paid for a saving of 40 per cent of the value of the ore. Nine¬ 
ty per cent or better is now being realized at the minimum cost of two 
to five dollars per ton. Electricity has perfected light and locomotion 
and means more to Colorado than to any half dozen of the Middle 
States. Our numerous mountain streams are being successfully har¬ 
nessed and in Cripple Creek and Leadville machinery is doing 75 per 
cent of the mining. The hammer and drill and pick used, “time out of 
mind,” and as yet in most of the mines, will soon find a place on the 
“shelf” with the tallow dip, the ox cart and the reap hook. The best 
brain and brawn of the world are being directed to the production of 
GOLD. Chemistry has practically won and GOLD is “king.” The mine 
stands on its merit. 


Thou vast empire of plains and parks and peaks 
Whose snow clad summits glisten in the light 
Thou mighty treasure vault where nature seeks 
To hide her jewels safe from human sight. 

Fond foolish dame thy secret mayest disclose 
Thy prying child the combination knows. 





THE GOLD FIELDS OF BOULDER COUNTY. 


* - 3 


Introductory 

The gold fields of Boulder County embrace one of the largest min¬ 
eral areas in Colorado. They cover the entire belt in the extreme 
northern portion of Colorado east of the continental divide. Beginning 
at the foot hills at Boulder with the Poorman mine, the gold belt ex¬ 
tends westward a distance of twenty-five miles to the Fourth of July 
mine on the crest of the continent. They extend from the Moffat rail¬ 
way on the south to the great Smuggler mine on the north, a distance 
of almost twenty-five miles. Gold w>as first discovered in this field in 
1860 and for over forty years the mines of the county have poured forth 
a stream of golden wealth, quietly and without any flare of trumpets. 
Throughout this entire period operations have been confined to the min¬ 
ing of high grade ore on account of economic conditions which would not 
admit of mining low grades except at a loss. Of the vast net work veins 
that overspread the gold-fields, only one ore mine has been developed to 
the 1,200 foot level, one to the 1,000 foot level, two to the 900 foot level 
and four to the 700 foot level. The average depth of the entire field will 
not exceed 200 feet. Notwithstanding this fact the gold-fields of this 
county have easily produced in gold and silver over fifty million dollars 
to date. 

From the stand point of development and production the field is in 
its infancy and affords the most attractive inducements for investment, 
of any field in Colorado. 

No county in Colorado can boast of the same diversity of mineral 
resources possessed by Boulder County. It has the comming gold¬ 
fields of the State. It has great copper deposits which are now being de¬ 
veloped. Here is situated the greatest tungsten field in the world now 
supplying the market with over 50 per cent of the tungsten mined. 

It also has large deposits of molybdinite ore a rare metal of which 
there are only two mines in the United States. Large deposits of iron 
ore are found in this county and great bodies of flmarine ore exists here 
here. 

The county is divided into six mining disrticts consisting of Mag¬ 
nolia, Sugar Loaf, Gold Hill and Central districts, embracing the great 
tellurium belt and Ward Districts where is situated the sulphide zone and 
Grand Island, covering the gold-copper silver belt. Each of these 
districts their mines and their production will now be considered in their 




4 


THE GOLD FIELDS OF BOULDER COUNTY. 


order, together with the great tungsten belt which is largely in the 
Grand Island and Sugar Loaf districts. 

In view of the thousands of lode claims in each mining 
district it will he impossible to give further than a brief review of 
the principal mines with their producton. The fact that a mine is not 
mentioned in this book does not signify that it is not a meritorious prop¬ 
erty, or that it is not a producer. In fact we estimate that there are not 
less than 500 mines with a production of from $1,000 to $10,000, of 
which no mention is made herein because of lack of space or time to 
obtain data concerning their production. 

THE TELLURIUM <BELT 

The tellurium belt of Boulder County is six miles wide and twenty- 
five miles long and in area is the largest in the world, excepting the 
Cripple Creek district. Tellurium is a metal of no intrinsic value, but 
is found combined with gold and silver. It was first discovered in 1872. 
in Boulder County and was so rare that, at the time of its disco/ery 
it was then, the third locality containing it in the known world. 
Nature’s secret of combining the precious metals with tellurium, 
proved to be a great pitfall to the miner and some of the most romantic 
incidents connected with the early history of this country are the dis¬ 
carded fortunes thrown over the dumps in this district, before the 
miner learned the value of the ore. 

The first discovery of tellurium was made in the famous Red Cloud 
mine at Gold Hill. Although the ore from this property would not mill 
or pan it assayed enormously and attracted the attention of the officials 
of the United States mint at Denver, Colorado. Specimens were sent to 
Dr. F. A. Genth, a professor of the University of Pennsylvania, for an¬ 
alysis, who pronounced it tellurium ore. One of the peculiar characteris¬ 
tics of this- ore is the fabulous value in gold which it carries, ranging 
from one hundred to one thousand dollars per ton. In appearance, it 
gives no sign of the existing metals but when roasted on the top of a com¬ 
mon stove, the pure gold comes to the surface in the form of globules or 
bubbles. Perhaps one of the most remarkable featurs of the tellurium 
district is the fact that it is traversed by silver and free gold leads. The 
belt begins on the extreme south with the Magnolia district and extends 
northward embracing the Sugar Loaf district, Salina, Sunshine and 
Gold Hill in the Gold Hill district, and Springdale, Jamestown and 
Ballarat in the Central district on the extreme north. The mines of each 
district and the total gold production will now be considered in the order 
named. 



THE GOLD FIELDS OF BOULDER COUNTY. 


5 


SWINES OF THE MAGNOLIA DISTRICT 

Gold Troduction to Date, Three Million Dollars 

The Magnolia Mining District embraces the southern end of the 
tellurium belt and has recently been opened up by the construction of the 
Denver, Northwestern & Pacific Ry., more popularly called the Moffat 
road. This district is notable because its mines were the first to produce 
tellurium ore in large quantities in the State of Colorado. In 1875 the 
Keystone, the Mountain Lion and the Dunraven were opened up and 
produced in a few months from surface workings, fifty thousand dollars. 
The district is today creating wide spread attention, because both its 
formation and its ores so closely resemble the famous bonanzas of the 
Cripple Creek District, as to warrant the belief that the conditions are 
the same. Another fact worthy of mention is the unmistakable evidence 
of the existence of large copper deposits in the south and eastern part of 
the district. The Erie and Colorado Copper Company of Erie, Pa., and 
the Calumet Copper M. & S. Company of Denver, are both sinking deep- 
shafts on copper veins running through the district, and may yet open the 
great copper mines. The principal mines of the District with their total 
gross production is as follows: 


The Mountain Lion .$ 250,000 

The Keystone . 500,000 

The Ivekionga . 500,000 

The American . 125,000 

The Senator Hill . 250,000 

The Senator Hill . 250,000 

The Lady Franklin . 100,000 

The Magnolia (extension of Ivekionga). 400,000 


$2,185,000 

The Cash and Rebecca, (shipping) .$ 150,000 

The Poor Man, (shipping) . 00,000 

The Ben C. Lowell. 50,000 

Ward H. Lamon. 50,000 

The Augusta, Little Jenny and I. X. L. 40,000 

Sack and Fox and Dunraven. 150,000 

The Graphic or Golden Group, (shipping). 40,000 

The Pickwick and Little Maud. 50,000 

The Little Pittsburg ... 45,000 





















6 


THE GOLD FIELDS OF BOULDER COUNTY. 


The Dardinell, (shipping). 40,000 

The New Year and Beggar. 80,000 

The Mineral Farm . 60,000 

The India .. . 10,000 


$ 807,200 
2,185,000 

Total .$2,992,200 


The deepest shaft in the Magnolia District is not down over 500 feet 
and it may he safely stated that the splendid gold production of the 
mines above given has been taken from above the 250 foot level, and 
represents the output of the high grade ore, only, as conditions have 
been such that the mine owners could not profitably extract any ore run¬ 
ning under twenty dollars per ton. The mine owners have therefore, left 
the low grade ore standing. Like the low grades of Cripple Creek and all 
other great mining communities they constitute the largest proportion 
of the ore bodies and hence the principal source of income. 

A 60-ton cyanide mill is now in successful operation at Magnolia 
and may revolutionize the prevailing conditions at this camp. That the 
ores of the district are peculiarly adapted to cyanide has been proven be¬ 
yond question. 

The principal mines of the district lie on the great divide between 
Middle and South Boulder creeks and are capable of being cut at a 
depth of twenty-five hundred feet with tunnels. Many tunnels have al¬ 
ready been started into Magnolia mountain from Boulder creek, some 
of which are now working, notably the Gold Cliff tunnel and the Sylva- 
nite Deep Tunnel & Mining Company of Omaha, Nebraska. 

NOTE:—The information concerning the various mines above giv¬ 
en is approximately accurate and has been obtained by the officers of 
this company after a laborious search and inquiry. Where no record has 
been kept a careful estimate of the gold production has been made from 
the best source obtainable and in cases of uncertainty the amount is un¬ 
der stated rather than over stated. We are indebted to the following 
persons for correct records of the following mines: To M. F. Leach and 
W. L. Seely of Boulder for the Ivekionga; to Chas. H. Cheney of Boul¬ 
der, Colorado, for the Ben C. Lowell; to Guy Fairhurst for the Graphic 
or Golden group; to Col. W. B. Teeters of Boulder, Guy Fairhurst, 
Frank Leonard and Martin Comerford of Magnolia for each of the oth¬ 
er mines named. See also Fossett’s Book on Colorado, page 405. 










THE GOLD FIELDS OF BOULDER COUNTY. 


7 


SUGAR LOAF MINING DISTRICT 

c Record Production for Mines of this District Two and One- 

Half Million Dollars 

North of Magnolia lies the famous Sugar Loaf district of Boulder 
County, embracing an area four miles in length and six miles in width. 
The district is named after Sugar Loaf mountain, whose peculiar shape 
gave it that appellation. Like the district of Magnolia the ores and vein 
system closely resemble the great Cripple Creek district. 

Sugar Loaf is in its infancy both as to gold production and develop¬ 
ment. Perhaps one of the most interesting factors in this district is the 
presence within its borders of many of the old time prospectors from 
Cripple Creek who discovered and opened up some of its great bonanzas, 
notably “Paddy” Burns, the locator of the Shurtloff, Burns and Phar¬ 
macy on Bull Hill, and “Bill” Davenport, the man who opened the fa¬ 
mous Jack Pot. These men who have already won and lost fortune in 
the greatest gold field on the American continent, have been allured to 
this virgin and attractive portion of Colorado, with that intuitive assur¬ 
ance that nature will again tell them of her secret treasure, which only 
comes to the experienced prospector. 

The three great mines of this section are the Livingston with a rec¬ 
ord of a half million, the Logan group with a record of seven hundred 
thousand and the Yellow Pine with the record of a million dollars. 

THE LIVINGSTON. 

The Livingston is named after the famous mother lode or dyke on 
which it is located. This dyke varies from 20 to 60 feet in width and 
may be traced through the country for miles and miles by its outcropping- 
on the surface. Its great record production has been taken entirely from 
surface workings extending for a depth of 100 to 250 feet and it is re¬ 
garded as one of the greatest of Boulder county bonanzas. For almost 
fifteen years it was worked continuously by its owner Captain Alonzo 
Coan, a wealthy and highly respected citizen of Boulder county, who 
owes a large fortune to Boulder county mines. The captain lacked the 
nerve to keep the development on this property ahead of his mining and 
in the year 1902, after most of the available developed ore had been tak¬ 
en out, he granted an option to sell it to two “tender feet,” Loomis and 
Dotv of Attica, New York. In the meantime, Col. Wilbur B. Teeters, 
the veteran prospector and mine expert of Boulder county, offered to show 
the “tenderfeet” (for a consideration) where to find an ore chute out- 




8 


THE GOLD FIELDS OF BOULDER COUNTY. 


cropping on the surface. His proposition was accepted and he took them 
to the center of a growing potato patch, through which the claim ex¬ 
tended, and told them to dig. They dug and the very ground which 
covered the Livingston dyke was saturated with gold. The ore was mar¬ 
velously rich and thirty thousand dollars was extracted in sinking 30 
feet, and the gold potato patch attracted the attention of the entire 
state. Upwards of a hundred thousand dollars has already been taken 
from this ore chute above the 200-foot level and the property is one of 
the steady shippers of the district. Messrs. Loomis and Doty took up 
their option and are now the owners. 

THE LOGAN. 

The Logan group have a record of having paid to the stockholders 
of the Clintion M. & M. Company 40 per cent per annum in dividends 
and is rated as the greatest dividend payer in the county. Located in 
the heart of the great tellurium belt, the Logan is a free gold quartz 
mine. The high grade ore often runs as high as twenty-five dollars per 
pound. 

One of the principal owners in the company is Col. S. B. Dick, also 
owner of the Colorado Northwestern Railway. The Logan affords a most 
interesting illustration of what can be done with a Boulder county “knife 
blade seam” vein when subjected to modern mining methods. 

By a peculiar coincidence the Logan was formerly owned by Cap- 
lain Coan, also former owner of the Livingston. For many years the 
captain had mined the Logan group in a desultory fashion, gouging out 
the rich pay streaks from time to time but they “pinched or petered 
out.” The captain determined to unload his “gold brick.” He opened 
up a rich pocket that would run away up in the thousands. The cap¬ 
tain announced his desire to sell the property for twenty-five thousand 
and this desire was communicated to Col. S. B. Dick on one of his trips 
to Colorado in the latter part of the year 1898. The Colonel went to see 
the property, the “gold brick” was alluring, and he took it in at the fig¬ 
ure named. The property was deeded to the Clinton Mining and Mill¬ 
ing Co., and placed under the management of Hon. W. B. Hayes of Boul¬ 
der, Colo., and subjected to modern mining methods. In a few months* 
time the purchase price was not only realized but the company began 
the payment of dividends to its stockholders and have continued them 
regularly ever since. The total production of the Logan group by the 
Company from Jan. 1st, 1899 to Jan. 1st, 1905, is $576,820. Of this 
amount one fifth was free gold so pure that it was amalgamated into 
gold bullion by the Company and sold direct to the United States mint 



THE GOLD FIELDS OF BOULDER COUNTY. 


9 


This is a record that can be rivaled by few, if any, of the gold fields of 
the world. The mine is credited with a production of over one hundred 
thousand between the time of its discovery in 1875 and the time the 
Clinton Company purchased it in 1899. It is probable that the total 
production is upwards of three quarters of a million to date. The prop¬ 
erty is equipped with electric power for drills and hoisting and is one of 
the modelly managed and developed mines of the county. 

It is developed by a series of tunnels, one below the other, aggre¬ 
gating a total of 5,000 feet in length, the lowest of which cuts the vein 
at a depth of seven hundred feet and the ground below this point is vir¬ 
gin, although the mines are developed below the 700-foot tunnel level 
by a shaft sunk 100 feet with levels run each way. 

THE YELLOW PINE. 

This great property was discovered in 1870 by George R. William¬ 
son, the president of the Boulder National Bank of Boulder, Colo. One 
of the most remarkable features about this property is the fact that it 
is a silver producer in the midst of a gold belt. It is located upon the 
famous Hoosier dyke or mother lode extending for miles through 
the Sugar Loaf district to Gold Hill upon which some of the 
greatest mines in the county are located. The contact of this mammoth 
dyke, which is 40 to 80 feet in width, with a small silver lead caused a 
deposit of ore from which the owner extracted over a million dollars 
above the 500-foot level, the ore being fabulously rich in silver, the high¬ 
est grade being almost pure metal. Old timers of Boulder county like 
to recur to the time when Williamson was a poor prospector hauling 
wood with a cart and mule to earn a grub-stake and the story of his dis¬ 
covery of this famous mine and his swift change from poverty to fortune 
is one of the romantic incidents which contribute to the fascinating his¬ 
tory of the Boulder County gold fields. 

Mr. Williamson has tenaciously refused to sell or lease this property 
and like the late Winfield Stratton considers his treasure vaults safer in 
the ground than anywhere else. 

THE LIVINGSTON DYKE. 

With the exception of the producers above described the great 
properties of this district are the Sphinx group of mines embracing a 
mile and a half of the Livingston dyke, including the exten¬ 
sion of the Livingston itself. The Sphinx Lode has a record of upwards 
of $10,000 above the 180-foot level, realized from the sale of high grade 
ore only. The first gold discoveries of Sugar Loaf were made on this 






IO 


THE GOLD FIELDS OF BOULDER COUNTY. 


group of properties prior to the year 1870 on the Linclley Lode, to 
which the following historical reference is made in FossePs Book on 
Colorado, at page 389: 

“The Lindley is the great vein here, and is generally considered the 
mother vein of this section and perhaps of the county. It can be traced 
by its outcroppings for miles away. It stands up from the mountain, 
over which it extends like a stone wall. This wall is eleven feet wide 
and often forty feet in height. Even after the presence of silver was 
known, little work was done upon it. * * * In 1870, however, the 
Blake brothers with commendable faith and courage, began to “work it” 
and continued so to do whenever means would allow, down to the past 
season. Since then it has proved itself all that they had hoped for. At 
a depth of 110 feet in the main shaft, the lode is 28 feet wide and this 
is mainly composed of ore whose average assay is $90 per ton.” 

The Boulder Gorge M. M. & P. Company own and are developing 
these properties under modern mine methods and they are destined to 
rank among the great shippers of the district. 

Other mines of note with their record production are as follows: 


Smoky Hill .$50,000 

The Dime . 50,000 

The Potter. 50,000 

The Recluse . 50,000 

The Pine Shade. 50,000 

The Harold . 25,000 

The Amalgam Thief. 25,000 

The Wild Tiger . 25,000 

The Golden Age No. 2. 20,000 

The Golden Eagle . 10,000 

The Milan . 15,000 

The Ragged Top . 


NOTE:—For an accurate statement of the gold production of the 
mines of the Sugar Loaf District we are indebted to the following per¬ 
sons: For the Logan, Hon. W. B. Hayes of Boulder, Colorado; for the 
Livingston and Sphinx group, Hon. George W. Teal and George E. Lake. 
Esq.; for the Yellow Pine, Chas. McAllister, Esq., of Boulder, who ob¬ 
tained his information from the books of the owner; for the Smoky Hill, 
the Smoky Hill Mining Company of Allentown, Pa.,; for other mines 
given, George E. Lake, M. F. Leach, W. B. Teeters and Hon. Geo. W. 
Teal. 

















THE GOLD FIELDS OF BOULDER COUNTY. 


ii 


GOLD HILL cMINING DISTRICT 
^Production of cMtnes to Date, Seventeen Millions 

The Gold Hill Mining District joins the Sugar Loaf District on the 
north and is the largest as well as the best developed zone of the tellu¬ 
rium belt. It was named after the Gold Hill Camp, where one of the 
first hold discoveries of the state were made in 1859 in the famous Horse 
Fall mine and the gold excitement which followjed remains an interest¬ 
ing feature of the early territorial days of the state. For 45 years the 
mines of this disrict have been steadily producing gold, until its record 
production has almost reached the twenty million mark. One of the 
marvelous features of the district is the fact that its production has 
come out of purely surface workings. The average depth of the mines 
of the district probably do not exceed 300 feet. One mine has reached 
the 1500-foot level, another the 900-foot level and another the 700- 
foot level, being respectively the Slide at Gold Hill, the Wood Mountain 
at Wall Street and the Ingram at Salina. This is a factor showing con¬ 
clusively that the district is in its infancy from the standpoint of gold 
production and this position is further strengthened by the fact that this 
production represents only the high grade ore, the low grade ore being 
left to stand in the mines as conditions would not admit of their mining 
except at a loss. With the advent of changed condition the year 1905 
promises to be a banner year for the gold fields of this district. 

A vast network of mining camps extend over the entire district but 
its principal mines are grouped in and about the camps of Salina, Sun¬ 
shine, Gold Hill and Rowena, which will be considered in the order 
named. 


SALINA 

Record Production of Mines $6,000,000. 

The large producers are the Melvina with a record of a million. The 
Ingram with the same record, the Emancipation with a record of one 
million and a quarter and the Victoria with a record of three quarters 
of a million. 

THE MELVINA MINE. 

This wonderful bonanza was discovered in the month of July 1875. 
by one of the most wonderful chances of fortune ever recorded in the 
fascinating history of the gold fields of the west. The story has been made 
the subject of more than one tale of romance. 




Scene on Eldora Extension, Colorado & Northwestern R. R. in the Heart of the Tungsten Belt. 





THE GOLD FIELDS OF BOULDER COUNTY. 


i3 


On a hot summer day in July of 1875 a “tenderfoot,” a “Dutchman” 
fresh from the old country, arrived at Camp Salina. He trudged weari¬ 
ly up a hill with pick and shovel over his shoulders until he met two 
prospectors resting from their labors. “Shentlemen,” he said, “can you 
tell me where I can find a gold mine?” “Do you see that tree, pointing 
up the hill to a tall pine,” one prospector said, as he winked at his part¬ 
ner, “you will find a gold mine under it. He failed to see the wink, 
thanked the prospectors, and started for the tree with that gullible as¬ 
surance, typical of the “tenderfoot.” When Henry Meyring stuck his 
pick into the grass roots at the foot of the pine tree, he struck rich pay 
dirt and a lead which he named the Melvina. The reddish dirt when 
assayed ran into the thousands and the good luck of the “tenderfoot” 
was on every one’s lips. From July to November the mine produced over 
a hundred thousand dollars and practically its entire production of a 
million dollars has been taken out above the 250-foot level. The follow¬ 
ing statement of its early history is taken from Fossett’s Book on Colo¬ 
rado at page 399: 

“The richest and most famous mine in the locality is the Melvina, 
located on Melvina hill, between Gold Bun and Four Mile. * * It 

was discovered in July 1875, or at least the first work was done upon 
it then. The first month gave a yield of about $8,600, of which nearly 
$8,000 was profit. It has been worked steadily, and has given the lar¬ 
gest proportionate profit of any mine of which there is any record , the 
wide world over. The yield of February last was $15,800 and the ex¬ 
pense about $800. In nearly every monthly shipment, lots of ore has 
been sold to the amount of five hundred pounds that yielded at the rate 
of $4,000 to $14,000 and over, per ton! Altogether the mine produced 
up to October 1, 1876, ore that sold at the smelting works for $84,600—• 
this for a period of fifteen months, with a force of eight men. * * 

The mine is now over two hundred feet deep, and is one of the wonders 
even of this land of marvelous veins and golden pockets. The yield of 
October is said to have been better than any previous month and to have 
approached $20,000!” 

THE INGBAM. 

The Ingram was named after its locater and is one of the best divi¬ 
dend payers of the camp. It has been worked continuously for the last 
ten years and it is the deepest mine in the county from a geological 
standpoint, although the workings are only 700 feet deep. It has a rec¬ 
ord of a million to its credit to date, and is on a permanent dividend 

basis. 




M 


THE GOLD FIELDS OF BOULDER COUNTY. 


THE EMANCIPATION. 

This property is the largest producer of the camp, having a splen¬ 
did record of one and one quarter millions of dollars. It has been oper¬ 
ated continuously for the past fifteen years and much of its production 
has been paid out in dividends. 

THE VICTORIA. 

This property is one of the oldest ones in the county and has a repu¬ 
tation for having produced approximately three quarters of a million 
dollars. It operated under the leasing system. 

THE RICHMOND. 

This property is an extension of the famous Ingram mine and has 
to its credit a production of $350,000. It is a regular shipper to the 
smelters and with development will rival its famous neighbor. 

HOME SWEET HOME AND LITTLE JOHNNY. 

The production of these two properties now? amounts to one hun¬ 
dred and twenty-five thousand dollars, while they have only been oper¬ 
ated in a small way the owner of them has realized handsome dividends 
from the property operated under a leasing system. The Home Sweet 
Home has produced seventy-five thousand dollars within 75 feet of the 
surface, in fabulously rich ore. This is a record which would do credit 
to the greatest gold fields of this county. 

THE WOOD MOUNTAIN. 

This is another Boulder County dividend payer which has been op- 
erated night and day for many years. It is situated at Wall Street, west 
of Salina on the border line of the Sugar Loaf and Gold Hill Districts. 
It is now producing many thousand dollars monthly above expenses and 
has a record of over three hundred thousand dollars. 

THE LUCKY STAR. 

This is a neighbor to the Wood Mountain property located several 
hundred feet above it and has already produced eighty thousand dollars 
in high grade ore. It is paying monthly dividends to its owners and 
will probably continue to do so indefinitely. 

Among the other mines of the district with good records many of 
which are regular shippers, may be mentioned the following: 


The Tambourine (working).$250,000 

The Golden Eagle (working). 125,000 

The Gillard . 100,000 






THE GOLD FIELDS OF BOULDER COUNTY. 


15 


The Valley Forge (working). 75,000 

The Baron (working).. 50,000 

The Belle (working). 50,000 

The Gold Smith Maid. 50,000 

The Mineral Point. 50,000 

The Mineral Point . 50,000 

The Nova Scotia. 25,000 

The Little Fred. 30,000 

The Gardiner . 50,000 

The Nancy Group . 75,000 

The Emerson . 80,000 

The Forrest . 65,000 

The Ogalalish. 70,000 


NOTE:—The data concerning the gold production of the mines of 
Salina has been obtained from the following sources: FossetPs Book on 
Colorado 399-405; C. L. Dignowity, 440 West End Eve., New York; W. 
B. Teters, George W. Teal, Abraham Kent, John A. Teagarden, W. V. 
LeVeque, W. E. Wilson, S. G. Knott, R. A. Duncan, all of Boulder, Colo¬ 
rado. The production of the Lucky Star is absolutely correct. 

SUNSHINE 

Gold Production over $4,000,000. 

The Sunshine district lies just East of Salina and is one of the 
largest tellurium camps of the county. Its altitude is 6,500 feet above 
sea level and it is only a few miles distant from the City of Boulder and 
the plains. The first gold discoveries were made in this camp in 1864 by 
D. C. Patterson a prospector while hunting for deer. The blossom rock 
of an outcropping ledge attracted his attention and led to the discovery 
of a rich tellurium vein, which he named the Sunshine and caused an ev- 
citement of large proportion. The total gold production of the mines 
included in this camp is approximately four and one quarter millions 


divided as follows. 

The American.$1,000,000 

The Inter Ocean (shipping). 1,000,000 

The White Crow and Osceola (shipping).... 750,000 

The Tilly Butsell (working). 250,000 

The Monongahela. 100,000 

The Miama . 40,000 

The Grand View (shipping). 200,000 

The Nile Lesperandum. 175,000 
























i6 


THE GOLD FIELDS OF BOULDER COUNTY. 


The Phil. Sheridan. 75,000 

The Poorman (shipping). 100,000 

The Pride of the Mountains, the Gold Medal 

and Jenghinz Kahn. 500,000 

The Pilot (shipping). 20,000 


Of these properties the American is perhaps the most notable which 
was discovered in May 1874 and produced a hundred and thirty-five 
thousand dollars in twenty months time. 

The Poorman mine lies only two miles due west of the City of 
Boulder on the Poorman Hill and although it is within the very foot 
hills, it is a splendid gold producer. Forty-eight pounds recently ship¬ 
ped from this mine brought $17.25 per pound and 22 tons of ore return¬ 
ed $400.00 per ton just as it was shot down. 

NOTE—For production of above mines we refer to J. A. Clemmer, 
W. B. Teters, A. E. Healy and W. J. Williams, all of Boulder, Colorado, 
and Fossett’s hook on Colorado, chapter 37. 

GOLD HILL 

Gold Production $5,600,000. 

This is the oldest mining camp in the County and one of the oldest 
in the State, the first gold discoveries being made at this point in 
1860, in the Horsefall mine from which property two hundred thousand 
dollars was mined from purely surface workings in 1860-61 and 62. 

Here is also situated the famous Slide Mine, with the splendid record 
of Two and one-half million dollars to> date. It lias the deepest workings 
of any mine in the county, the shaft now being down 1,500 feet The mine 
has been worked continuously since its discovery in 1872, and has paid 
to its various owners large fortunes. The Slide is cut by the famous 
Corning tunnel at a depth of one thousand feet which drains and develops 
this as well as the principal Gold Hill mines. The Corning tunnel was 
the first large tunnel project attempted in this section of Colorado, hav¬ 
ing been started in 1872. 

The total gold production of the camp including the Slide is over 


five millions as follows: 

Slide (shipper) .$2,500,000 

Prussian (shipper) . 600,000 

Horsefall . 400,000 

Cash (shipper). 400,000 

Cold Spring. 400,000 

Red Cloud. 300,000 













THE GOLD FIELDS OF BOULDER COUNTY. 


17 


Hoosier (silver). 300,000 

St, Joe. 250,000 

Alan McKee. 250,000 

Black Cloud. $125,000 

Soss. 75,000 


Total.$5,600,000 


Of this list the Red Cloud is famed for the first discovery of tellurium 
in Colorado. 

The Cash was discovered about 1875 and has been worked in a small 
way continuously for thirty-five years. It is one of the best dividend 
payers of the district today. In common with all the mines of the tellu¬ 
rium belt its deposits of low grade ore are its greatest assets. 

The Cold Spring is a mine wbrthy of mention because of its pro¬ 
duction of high grade ore. Forman Whitcomb, former owner of this 
property, shipped a few tons of high grade ore from the Cold Spring to 
the Centennial exposition and sold it for $52,000. A similar shipment of 
sixteen tons of the smelters at Omaha, Nebraska, returned $96,000. 

c Tip WEN A 

Gold Production $1,550,000. 

Just east of Gold Hill on the Left Hand is situated the Mining 
Camp of the best paying properties in the County and a record of over a 
million and a half to the credit of its owners. 

The two properties most active in this district are the American 
Star, with a record of $300,000 and the Gold Nuggett with a production 
of $250,000. Both properties are heavy shippers and paying dividends at 
regular periods. 

The other mines of the district with their production are: 


The Gray Eagle.$400,000 

The Mountain Chief. 150,000 

Little Alice. 300,000 

Carl Giardiner. 100,000 

Tippecanoe . 50,000 


As to the correct production of the mines of Gold Hill and Rowena 
the following among many other references are given: FossetFs Book 
on Colorado, chapter 37; W. B. Teters, George W. Teal, Lou R. Johnston, 
W. B. LeVequa, John Pugh and M. F. Leech, all of Boulder, Colorado. 

















i8 


THE GOLD FIELDS OF BOULDER COUNTY. 


CENTRAL MINING DISTRICT 

Gold Production over $5,250,000. 

The Central Mining District lies north and west of the Gold Hill 
district and embraces the northern end of the tellurium belt as well as the 
northern end of the gold fields of the county. Its mines have been pro¬ 
ducing steadily since the year seventy-five until they have reached over 
five and one quarter millions, divided between the camps of Jamestown, 
Springdale and Ballarat. The typical feature of the various mines is 
the fabulous value of the high grade ores. 

JAMESTOWN 

Gold Production $2,275,000. 

The first mine discovered in this camp whs the John Jay, the follow¬ 
ing early history of this property is taken from Fossett’s book on Colo¬ 
rado on page 403 from which we excerpt as follows: 

“In 1875, a few men began to prospect this sec¬ 
tion for telluride lodes. Among them was A. J. Van 
Deren, who had once been a wealthy citizen of Central, 
and Edward Fuller, a very lucky prospector, who had 
made a dozen sales of his discoveries at different times. 

They found a lode on the 15th day of October, which 
Van Deren named the John Jay. It paid wonderfully 
from the ‘grass roots/ They pre-empted 1,500 feet, as 
all discoveries are entitled to do by the laws of 1872. 

Van Deren bought Fuller’s interest for $10,000 and 
paid it in two months from the prospect hole and open 
cut driven on the vein. The pay vein lias been from 
two to three feet wide in some places. At others 
no ore was obtainable. There are well defined slicken- 
side walls as far as workings extend, 125 feet. The 
lots of ore sold have varied in value from $110 up to 
$1,800 per ton. What is remarkable, is the great 
size of the vein for a telluride lode. From six to six¬ 
teen men have been employed on the lode, and the 
total yield since its discovery, October, 1875, is said 
to have been $40,000.” 

The total production of the mine to date is ascertained from the best 
sources available, to be $350,000, all of which has been taken from purely 
surface workings, the deepest of which do not extend to the 200 foot 




THE GOLD FIELDS OF BOULDER COUNTY. 


19 


level the property is operated under the leasing system and is one of the 
steady shippers of the district. 

GOLDEN AGE. 

The greatest mine in the Jamestown camp is the Golden Age, with a 
production estimated at a million and a half dollars. The owners of this 
property have actual returns for $1,100,000 and they estimate that 
over 25 per cent, of the total production of the mine has been stolen by 
the miners, it being next to impossible to establish a system to prevent 
theft of the rich ore. In this connection it may be said that this is a con¬ 
dition which prevails throughout the tellurium belt. 

Other mines of the camp with a splendid production are the Wano 
with $250,000 to its credit, the Longfellow with $125,000 and the In¬ 
vincible with $50,000. 

Within the past few months immense deposits of gold lead-fluorine 
ore, the fluorine predominating, have been discovered in this camp. This 
is the first discovery of this kind in Boulder County and is the only de¬ 
posit of fluorine in the State so far as can be learned. 

SPRINGDALE 

Gold; Production $650,000. 

The great mines of this camp are the Rip Van Dam with the splen¬ 
did record of $400,000. The Grand Central and Big Blossom with a pro¬ 
duction estimated at a quarter of a million. The Rip Van Dam is noted 
for having made the largest shipment of high grade gold ore ever made 
in the county, 1700 pounds extracted from this mine while it was under 
the management of M. F. Leach some twenty years ago having sold at the 
Boulder Sampler for $27,000. 

PALLARAT 

Gold Production $2,500,000. 

This camp is several miles north of Jamestown and is situated in 
the extreme north end of the gold fields of Boulder County. 

The great Smuggler mine was discovered here early in 1876, and has 
a gold production not excelled by any other mine in the Tellurium Delt, 
it being conservatively estimated at two and one half million dollars 
The property has been operated almost entirely since the day of its dis¬ 
covery under the leasing system. Its discovery and early history is 
graphically described in lossett s history of Colorado at page 404, as fol¬ 
lows ; 




20 


THE GOLD FIELDS OF BOULDER COUNTY. 


In April, Charles Mullen; who had experienced all kinds of fortune 
in mining; and had once represented a southern country in legislature be¬ 
gan to prospect near the western limit of tellurium land. In Miners’ par¬ 
lance he was “dead broke.” He found a lode which he named the Smug¬ 
gler; and the first assay, and the size of the vein caused him to> believe 
it to he “the biggest thing in the mountains.” lie has not had reason to 
change his opinion, since. While the ore compares in value with that of 
the best lodes, the vein is the largest yet found carrying Telluride ores. 
Within a few months from the date of discovery, eighteen tons of ore 
were sold; two tons returning $11,000 per ton, and eight tons $650.00 
per ton. The average whs enormously high. No complete statement has 
been received of the mine’s production, but it is said to he between $30,- 
000 and $50,000. 

Note:—The following references are given as to the correctness of 
the figures for the mines of Jamestown, Ballarat and Springdale. Mr. 
Ward, manager of the Smuggler mine at Ballarat, M. F. Leach, J. A! den 
Brown, A. J. Van Deren and W. B. Teeters, all of Boulder. 

THE WARD MINING DISTRICT 

(Gold Production $6,230,000.) 

This district embraces the great sulphide belt of Boulder county and 
lies close to the Continental Divide, the altitude of the mines being over 
ten thousand feet. It is one of the oldest districts in the county, gold 
being discovered here in 1860, shortly after the discoveries made at 
Gold Hill. For more than 40 years this camp has been a steady pro¬ 
ducer of gold. Most of the great mines of the district are located upon 
or about the great Columbia, mother lode, which can be traced for 
many miles through this section by its outcroppings. The first stamp 
mill ever brought to Colorado was built in Ward in the fall of 1865, just 
after the close of the Civil War. The mill had 50 stamps and was trans¬ 
ported from Grinnell, Iowa, by wagon, being four monllis on the road. 
It was operated incessantly for a period of ten years in connection with 
the famous Niwot and Columbia mines. The mines and gold production 


of the district are as follows: 

Niwot and Columbia .$3,000,000 

Utica . 1,000,000 

B. and M. 400,000 

Straggler .. , 250,000 

Ward Rose . 500,000 

Madaline. 300,000 

Milwaukee. 250,000 










THE GOLD FIELDS OF BOULDER COUNTY. 


21 


Atlantic . 200,000 

Pnzzzler . 80,000 

Ruby. 50,000 

Pennsylvania . 100,000. 

Modoc. 100,000 


The Columbia, Niwot and Utica mines cover a large area on the 
famous lode. The record of the Utica is absolutely accurate; the record 
of the Columbia and Niwot is estimated from the best available sources 
of information. A 50 stamp mill was operated in connection with these 
two properties for a period of ten }mars, on milling ore, the high grade 
being shipped to the smelters. The Morning Star is notable for the fact 
that it is a free gold tellurium producer in the heart of the sulphide belt. 

The finest equipped mines in Boulder county are also located in this 
district, being the properties of the Chicago and Colorado Mining com¬ 
pany, a close corporation, the stock of which is owned by Lyman J. 
Gage, former treasurer of the United States and his associates. For fif¬ 
teen years and over this company has been developing a magnificent es¬ 
tate of some two thousand acres, by means of a tunnel projected to cut 
the Utica and Columbia lode at a depth of two thousand feet. Already 
over two hundred thousand dollars has been expended in equipments, in¬ 
cluding an electric light plant, which lights miles of tunnels and drifts. 
Not a pound of ore has ever been mined from the property, the owners 
regarding the ore blocked out as safe and remunerative as United States 
bonds. 

For the gold production of the Ward District, see the mines of 
Colorado by Hollister, chapter 10, Fossett’s book on Colorado, chapter 
7; also George W. Teal, W. B. Teters, Millard F. Leech, R. A. Duncan. 

THE TUNGSTEN "BELT 

Boulder county has the greatest tungsten belt in the world and fur¬ 
nishes not less than 50 per cent of the entire out-put in the United 
States. This belt as defined by the present producers is about ten miles 
square in the Grand Island and Sugar Loaf districts, but has been found 
in nearly every district in the county. Present conditions indicate that 
Tungsten mining may overshadow in extent, all other forms of mining. 

It is impossible to give the amount of the past production, but it is 
conservatively estimated that over one half a million dollars wjorth of 
the ore is now being mined annually. 

(From Eldora Record, Feb. 25th, 1904.) 

It is not necessary in this article to go into details regarding the 
transition of the ore to metallic tungsten powder, in which form, when 









22 


THE GOLD FIELDS OF BOULDER COUNTY. 


introduced into melted steel, imparts to it a quality of toughness, coupled 
with hardness, which particularly adapts it for use in all edged tools, and 
for this purpose alone, practically all the tungsten produced is used. 

At present about one half of the tungsten used in the United 
States comes from Boulder county, with the demand increasing faster 
than the supply. In other parts of the state tungsten ore has been 
found, but nowhere, so pure as in Boulder county; most of it carrying so 
high a percentage of sulphur or other neutralizing elements as to render 
it worthless. 

The characteristics of the tungsten ore bodies of the county, seem 
in no essential particular to differ from those of the gold bearing ores, 
or if any their continuation is a little more regular than the latter. At 
first it was feared that tungsten was a surface product but the deeper shafts 
disprove this theory, and it seems there is no reason to believe but what 
the ore 1 chute extends to a depth at least as far as any ore of this value 
can be mined. 

The use of tungsten for toughening steel has been known for many 
years but its use to any extent, until quite recently, has been restricted to 
patented or secret process, and only until the fast few years has its use 
become common. 

Prominent among the users, a steel company using perhaps, more 
tungsten than all other steel manufacturers in the United States, is the 
Firth Sterling Steel Co. of Pittsburg, Pa. This firm alone in 1903, im¬ 
ported more than $100,000 worth of tungsten, in addition to all they 
purchased of American productions. Learning that a greater part of the 
American product was being obtained from Boulder county, the Firth 
Sterling Steel Co., organized from its board of directors the Wolf 
Tongue Mining Company and under the management of their chemist, 
Wm. Loach proceeded to acquire property and facilities for milling their 
own product in Boulder county. 

This company is now operating four mines near Nederland employ¬ 
ing about 20 men; concentrating the output in a 20 stamp mill, em¬ 
ploying six men on a 12 hour shift; at present treating about 20 tons 
per day with a production of about 2,500 pounds of concentrates. 

One other mill in the district, at the Boulder county mine, under the 
most able management of Mr. C. W. Lake treats about 20 tons per dav 
from their own mines. 

Another tract is being operated by Mr. E. A. Nersheimer and East¬ 
ern associates, the ore being shipped to the Boyd mill at Boulder, which 
has been recently overhauled and refitted for the purpose, treating about 
20 tons every twenty four hours 




THE GOLD FIELDS OF BOULDER COUNTY. 


23 


Messrs. Stevens and Woods, of Denver, are working a tract on the 
Rogers patent and their output of about 10 tons per day is at present be¬ 
ing treated at the Big Five mill at Francis. 

In Gorden Gulch, Mr. M. J. Jones lias until the recent severe 
weather cut off the water supply, been operating a mill which treated 
about 20 tons per day, mined from the companies properties in the near 
vicinity. 

It will be seen that the combined output of the mines and mills of 
the county, at the present time amounts to about 4 tons of concentrates 
every 24 hours, at the present price of tungsten worth about $1,500 or in 
nine years reaching the astounding figures of over one half million 
dollars. 

A thorough investigation of the subject brings this conclusion, that 
practically all the tungsten produced at this time is used in making a 
certain kind of tool steel and for this purpose alone the demand is far 
greater than the supply; that no trust or combine exists in the Boulder 
district and that any man. with money to operate and acquire property, 
will stand on equal footing with the present operators; that the miner 
owning a claim can take his ore to the mill and receive honest and fair 
returns for his product and can work and develop his claim if he will. 
That in short for the prospector, miner, operator, or capitalist, no more 
promising field exists in the State than the tungsten district of Boulder 
county. 

THE GOLD-COPPER-SILVER BELT 

Grand Island Mining District—Production in gold silver and 
copper $21,000,000. 

The Grand Island mining district embraces that portion of Boulder 
county known as the Gold-Copper-Silver, belt. It joins the Sugar Loaf 
and Magnolia districts on the east and extends to the Fourth of July 
mine at the very top of the Continental Divide, and includes Arapahoe 
peak, one of the famous mountain peaks of Colorado. In area it is more 
than ten miles square and its altitude ranges from 900 to 1,300 feet above 
sea level. In the western part of the district lies the center of the great 
Tungsten fields. 

Grand Island is the banner mining district of Boulder county from 
every stand point. Here has occurred, what is known to geology, as the 
second upheaval of the mountains. The veins are very large and strong 
and consequently the ore bodies here are large continuous and rich and 
capable of large production. 

Located in the section are the far famed Caribou silver mines, on 




DIAGRAM 

OF THE 

KLONDYKE TUNNEL 

DRIVEN TO DRAIN AND DEVELOP A MINERAL AREA 
ON ARAPAHOE PEAK MORE THAN A MILE IN 
LENGTH BY MORE THAN HALF A MILE IN 
WIDTH, WHICH, IT IS ESTIMATED, WILL 
CUT NOT LESS THAN TEN LINEAL 
MILES OF MINERAL-BEARING 
VEINS AT A DEPTH RANGING 
FROM 250 TO 1000 FEET 
AND EVEN GREATER 


PROPERTY OF THE 

UNITED STATES GOLD CORPORATION 


BOULDER COUNTT 
COLORADO. 


MAIN OFFICES 
BOULDER,COLO. 

ARAPA 



' 'S'St; 

--VV 
. s''? 

- .«• +y.V‘,s$.K 


base ok yl c vtttvtv . : Scompletedw 


mountain %/ ' " ■ ' ■YAy-'AL:Y-v-T: ■ ;■ : <y. 




v i T ' I', :,V' ? '' .. ’ ■ ' Tl.-O. . •• • ,c.l v ; 

L' - ’ ■ L •, • . V : - • • ■ ' • ' •• • - M. •• • ' • ■ - 


































m 


ItOTE: • 

nit roDHTB orjurr me 15 out or the fAnous meal dtkes or Colorado ard 

15 HEnTIOflfD in MELT'S 60011 OH COLORADO, FARE 38). A OftEAT LEDUE Of ORE, 
HART FEET WIDE, OUKROCS AT THIS fWIT. ITS VALUE 6EIH611)50 EEB TOD IU (OfTEIL 
IE .00 in SOLD AUD 11.50 in SILVER. EROM A SHAET 40 FEET DEEE, SUnil DEAR THIS 
EOltlT DURITO THE EXOTENIENT TOLLOWinO THE DISCOVERT Of THE CARIBOU 
Eire in 1870. ORE WAS TAKER OUT OE SUCH HIM VALUE THAT THE OWNERS OB¬ 
TAINED LARUE EHOEITS AFTER TRAH5E0RTIR6 THE ORE UEOH THEIR BACKS AHD OVER 
A TRECiriTOUT TRAIL TO CARIBOU FOR TREATONT. ASSAYS FROM THE DUflf AT 
THIS SHAET GIVE VALDES AS HIUH AS J500. EER TOR IR EACH OF THE I1ETAL5. UOLD 
ARB SILVER. THE ISLORDTItf TURNEL WILL URLOCK THIS «EAT TREASURE VAULT AT A 
DEfTH Of 1000 FELT BELOW THE SURFACE LOHU 6EE0RE THE FDD Of Tflt fflESEHT TEAR 
ADD OEEH Of A STORE OE UHTOLD WEALTH TOR THE TORTUHATE OWNERS. 


m 


. • S 


FOURTH OF JULY DYKE 

OUTCROP. 


TIMBER LINE 


<t . - 


VEIN 


CROP, 




u> 


A;iv '-A- . j • ■ ■ 

j0 1 ' ■-* 

:v-v. •'-.••• IXj,- 

I 


s&g&j' y-Cz-'-.-V; 

EsPEy ./.-.C 

W*9>:U"T 'WV • *L- cV L'.fVLS- 
;-v • 'Tf^s :-v. v. •. > 

- ©te v, 

tmmmmmm 

•" y ■ v■.-.•.•-- •••• •:;> 

: • .'J'.- • • ~ 



V- V 

-■ • T.O;,y, 



<•’: ' v.-r- C vv ': 

• o .'V•' • 

: A-- - -Vs 
* *. • * *•*: . • .1 •/.* .;! 
. ; %'•: ^ / * J' '• j 

. . k * •. **...■' . • 

'l: ; •. •. •/... / r .' ; V-: 


: 'a \ri 




-1 l .. -V - - /; ,0 ' < .. §• 


K L 0 NDYKE TURNED ;'V X isaon 











NOW DRILLING 


\ , j • • *. 




. ^ ‘ V. \ ... v : x 

.y; *. 'v.- * • i ‘ ■; •: V.- 

: 

• • v ;• • 1 .. .. 

- •’ > • “*« 

• . •./ • • . . ••••• • >. •• *••• s. 

• •'\ v • ‘ v.. • 

.. • • •/ ...• •* • . .. .. /. x 

/ ■■■., . .. v • y • - 6 •. •.. .... 

- - •>. . •-*•*• '---K \ - L../: .. 

T ; -^T:rrl 0 .‘H 

:-vv;. 

V; fv;>v 

■ ' .*'J;V." /> v-V ; ' ••/ • V 

I'^'V 

III '.-”. 4 .' ■;’> . ■■' \ 

L ■ 1 » . » „ 

I ^ •*;* 1 * • • •• .'*• ' *‘l 

L ; - .Y.■■ ■. 

|T?r ' -■•••• - -- .*.? v* 

Hi - S--’ '. • /’TV;- s 

: •• fT/.Yv-t C ' 

Ill r --- ^•A. 

, .• • > •; v .• •:.•/•\a 

*•**:• *.... ••• o.v\\-VJ 

.* V ».* • ; •. . \ 

* -V .-. ' : .;; •.* V t \ \ 
>.’• ,*.• • ‘/ ’ \ i '', < • • •**.*' *.* .*. : .*;*. 


- vV- 

;. -*c • • 

y/ .*vv 
. ' v- 


; 


‘ ’ : v > '■ 


■ ... . ' •• -T • ’ « •' “• • • ' . * > 

•• • . - - -v •- v -yw 







































































































































































































































26 


THE GOLD FIELDS OF BOULDER COUNTY. 


Caribou hill, second to none in the state, as producers in the palmy days 
of silver in the county. 

No mining district has contributed as much mineral wealth to the 
production of Colorado as Grand Island, having a splendid record of 
some twenty millions of dollars. Of this amount the greatest part has 
been taken out of a tract of about one hundred acres on Caribou hill. 

Although the mineral production of this section is larger than that 
of any other individual district of Boulder county, it is the least devel¬ 
oped of any, and therefore has the greatest future. 

Within two years two railroads have been constructed through this 
section affording a rare opportunity for economic mining and ready 
market for its ores. A revolution in conditions has brought a revolution 
in mining. Gold, silver, copper and tungsten ores are pouring out of the 
district in car load lots, to which list will soon be added molybdinite. So 
far as is known no gold-field in Colorado rivals this diversity of min¬ 
eral production. 

The principal mining camps of the district are Eldora and Caribou, 
the mines of which will be considered in the order given. 

ELDORA 

This camp is the youngest in the county and was discovered less 
than ten years ago. The total gold production to date is about $250,000 


dividend as follows: 

The Enterprise .•.$i00,000 

The Village Belle . 50,000 

Bird’s Nest . 50,000 

The Revenge . 50,000 


Eldora is the terminal point of the Colorado Northwestern Ry. 
company, and the ores from Arapahoe peak and all surrounding country 
are brought to this point for shipment. 

Here is also situated the great Mogul Tunnel which extends several 
thousand feet into Spencer Mountain. This tunnel is owned by Col. S. 
B. Dick and associates of the Colorado Northwestern Rd. company and 
will be one of the heaviest shippers of the district to the new railroad, 
the ore production being estimated at 200 tons daily. , 

CARIBOU 

THE CARIBOU GROUP. 

The history of the Caribou min© is a story of one of the greatest 
mining excitements recorded in the territorial days of Colorado. It is a 
story of the greatest producer in the gold-fields of Bculder county and 
of the greatest silver mine in Colorado. It was discovered by one of those 







THE GOLD FIELDS OF BOULDER COUNTY. 


27 


peculiar chances of fortune, which have led to the finding of many of 
the greatest bonanzas in this state. 

About the close of the civil war Sam Congor, an old time pros¬ 
pector and hunter of Colorado, had discovered a gold vein, in one of his 
solitary tramps over the forest clad 'hills near the snowy range in the 
western part of Boulder county, which he named the Congor, after him¬ 
self. Years later Congor drifted to Cheyenne, Wyoming, where he was 
shown some silver ore from the far famed silver mines of Nevada, and 
was at once struck with its similarity to the loose rock lie had stumbled 
over many times in his solitary hunting and prospecting trips among the 
hills near Arapahoe peak. The incident revealed a secret to him and he 
at once returned to Gilpin county, Colorado, where he intrusted it to 
William Martin and George Lytle, two partners whom he persuaded to ac¬ 
company him on a prospecting trip to refind the rich silver ore which 
he had seen so many times years before, never dreaming of its precious 
value. 

Buoyant with the hope of fortune and adventure, the party set out 
late in the summer of 1869 in quest of the new ore among those moun¬ 
tains in the western part of Boulder county which lead up to the bleak 
and barren peaks forming the crest of the American Continent. The 
party discovered the blossom rock at the foot of a large hill and after the 
manner of prospectors, they followed it up to a point where no more 
could be seen. Here they began to dig, and each struck a crevice. 
Congor named his lode the “Poor Man,” aftei Ms financial condition, 
while Martin called his the “Caribou,” after a rich mining district in 
British Columbia. Specimens of the ore were taken to Central City and 
assayed, giving returns which exceeded the fondest hopes of the pros¬ 
pectors. 

Congor and his partner kept their own counsel and prepared to de¬ 
velop their property under the most adverse circumstances during the 
winter of *69, in face of the fact that the mines were located at an alti¬ 
tude of 10,000 feet above sea-level, where the winter storms were severe 
and continuous. They carried their winter supplies on their backs oyer 
a trail to a log cabin, which they built on Caribou hill end work was con¬ 
tinued throughout the long winter, getting out ore for shipment in the 
spring. 

With that courage and bravery, so characteristic of the western 
miner, they constructed a wagon road through the great forest that then 
covered the hills to the nearest county road, miles distant, and shipped 
a wagon load of ore to the smelting wprks located at Black Hawk Colo¬ 
rado which yielded hundreds of dollars. 



28 


THE GOLD FIELDS OF BOULDER COUNTY. 


News of the strike spread rapidly over the state and then followed 
one of the first great mining excitements in the history of Colorado. 
Miners flocked to the new camp by the hundreds and the ground was 
stalked out for many miles surrounding the discovery. 

In the same year the Idaho was discovered on Idaho Hill and $6,000 
was taken out wjithin a month in sinking a shaft 20 feet, and then fol¬ 
lowed many other fabulous discoveries and the fame of the camp spread 
far and wide. In the spring of MO the Caribou shaft was sunk to a 
depth of 200 fedt, and over $70,000 was realized during that season. The 
Caribou continued to produce handsomely and in the spring of M3 the 
mine was sold in Holland for three million dollars. From 70 to 100 
men were employed on the mine, per month, and in M4 it produced 1,800 
tons of ore of the total value of one hundred and thirty thousand dol¬ 
lars. In M5 the yield was over two hundred thousand and the mine was 
then rated as one of the seven mines of Colorado with a record produc¬ 
tion for the year of over two hundred thousand dollars. 

On account of the prohibitory smelting rates existing at that time, 
a large silver mill was erected on middle Boulder Creek at Nederland, 
four miles’distant from the mine, where all the ore produced by the 
Caribou was reduced to bullion. Up to 1876, the Caribou had produced 
upwards of a million dollars, and from M2 to M6 the pay roll amounted to 
from $12,000 to $15,000 per month. In this year the property bceame 
involved and passed into the hands of Denver parties David H. Moffat 
becoming one of its principal owners. Ehen Smith, whose name has 
been identified with some of the greatest mining ventures of the state, 
was made superintendent of the property. From 1876 to 1893, the 
Caribou, the No Name and the Sherman were operated as a group, con¬ 
tinuously and without interruption, 100 to 1,500 men being on the pay 
roll, and they well ranked as the leading silver producers of the state. 
It is estimated that during this time the Caribou group paid in divi¬ 
dends to its owners over $7,000,000, and its gross production per 
annum often amounted to as much as $2,000,000. 

The total gross production of the No Name, Sherman and Caribou, 
up to the time the properties closed down in 7 93, is conservatively esti¬ 
mated at twenty million dollars, of which amount one and one half mil¬ 
lions is known to have been produced prior to 1876. This production en¬ 
titles the Caribou to rank as the greatest mine in Boulder county. 

Like all of the famous silver mines in Colorado, it was closed down 
by the great silver panic of 1893, following the demonitization of 
silver and its pumps were “pulled.” The property was never operated 
until the year 1903, when leasers worked the mine above the tunnel level. 



THE GOLD FIELDS OF BOULDER COUNTY. 


29 


The low grade ore mined from the Caribou averaged seventy 
ounces in silver, one quarter of an ounce in gold, twelve per cent in 
copper and six per cent in lead or a total value of over fifty dollars per 
ton at present prices. 

The high grade ore ran fabulously high in silver and many of the 
“old timers” have specimens of almost pure native silver that were 
taken from this property. The shaft on this property is only 1,000 feet 
deep and the territory below this level is virgin ground. Some of the 
richest ore ever taken from the mine came out of the lowest levels, and 
it goes without saying, that it has a great future. 

POORMAN. 

This property lies parallel to and just north of the famous Caribou 
mine on Caribou Hill. In 1874-5 it yielded 152 tons of ore of the gross 
value of $21,504. Its record production to date is over a quarter of a 
million dollars. Hon. Neil D. McKenzie of Boulder, Colorado purchased 
this property from the original locater soon after its discovery, and the 
fortune which he realized from its operation affords hut one of the many 
romantic instances of large fortunes accumulated by Boulder citizens. 
Mr. McKenzie still owns and operates the property at his pleasure. 

BOULDER COUNTY MINE. 

Record Production $500,000. 

The Boulder county lode is ranked as one of the greatest bonanza 
properties of the county. It was discovered in the spring of 1870 in the 
height of the excitement over the famous Caribou. It was named after 
the great county in which it was located, hut is destined to become none 
the less famous. In this property is found a combination of gold and 
silver ores, the gold predominating. It is situated at Cardinal, about 
one mile east of the famous Caribou, and marks the dividing line be¬ 
tween the gold and silver belt. The mine produced from a purely sur¬ 
face ore chute between the years of 1870 and 1880, a half million in 
gold, according to the best information obtainable from those acquainted 
with its early history. 

After 1880, the property was closed down and remained idle for 
a period of almost twenty years. In 1900 T. N. Barnsdall of Pitts¬ 
burg, Pennsylvania, purchased the property with the Boulder county 
ranch, embracing over 1,200 acres. Mr. Barnsdall had ample means as 
well as confidence in the future of this bonanza property, and in 1902 
began its systematic development by means of shafts and tunnels, which 
has been prosecuted steadily for the past two years. No ore has been 




30 


THE GOLD FIELDS OF BOULDER COUNTY. 


shipped except that taken out in development work. The ore blocked 
out during this time warrants the statements that the mine will he one 
of the greatest producers in the county and may prove in time a second 
Caribou. The new branch of the Colorado Northwestern Rv. company, 
runs directly past the entrance of the great 3,000 foot drainage tunnel 
now nearing completion and the property is capable of producing for an 
indefinite period, many thousand tons of gold ore monthly, at a large 
profit on each ton. The owner has refused to sell his mine at an ad¬ 
vance of many times his investment, and the remarkable result obtained 
in the making of this dividend payer is only one out of the many produ¬ 
cers of the county, calculated to make the gold fields of Boulder county 
one of the greatest in the state. 

Note:—For the production of the Caribou group, see FossetPs book 
on Colorado chapter 36. Jas. Cowie and S. A. Giffin of Boulder, place 
the production of the Caribou alone at a minimum of ten million dollars. 
Mr. Cowie was for years secretary of the company operating the Caribou 
and is a high authority. Mr. Giffin is the attorney for the present 
owners, and has seen a large part of the returns. For the production of 
“Poor Man,” we refer to Hon. Neil D. McKinzie. As to other mines of 
the district M. F. Leach, A. M. Self ridge of Boulder, the Eldora 
Record and the Daily Camera. 

THE KLONDIKE. 

This property lies west of Caribou and near the Continental Divide 
and was discovered about 1871. It was located on the Fourth of July 
dyke, or “mother” lode on which the famous Caribou and Sherman 
lodes are situated. It is famous for the production of ore so fabulous in 
value that the owners were able to carry it on their backs three miles to 
Caribou over a trail and ship it at a large profit. Thousands of dollars 
were taken out of a shaft not over fifty feet deep, but no accurate data 
as to its production can be obtained. No mine in the county has been 
the subject of as many legendary tales of rich treasures as this one. It 
is now the property of the United States Gold Corporation, whose Klon¬ 
dike tunnel will cut the lode 1,000 feet in depth some tone this year. 

FOURTH OF JULY. 

This lode was discovered in 1870 and was named after the day on 
which it was discovered. It is famous because it lies on the crest of the 
Continent. It is also located on the famous dyke bearing the same name. 
The property passed into the hands of a corporation three years ago. 
The latter has driven a tunnel almost a half mile in length, at a cost of 



THE GOLD FIELDS OF BOULDER COUNTY. 


3i 


over $100,000, to develop the property at a great depth. The result has 
amply justified the expenditure as the property will he one of the great 
producers of the country. 

Among the other great mines of the district with their production 
may be mentioned: 

Production. 


The Bluebird .$150,000 

The St. Louis (shipping.). 50,000 

The Belcher, (working). 20,000 

The Idaho . 20,000 

The Seven Thirty . 20,000 

The Eureka, (working). 10,000 

The Anchor, (shipping). 10,000 


THE FUTURE. 

In conclusion, we believe that no other gold fields of the state have 
a brighter future than those of Boulder county. Its past production of 
nearly $60,000,000 in gold and silver from high grade ores, from sur¬ 
face workings; its vast net work of mineral veins spreading over an area 
of twenty-five square miles, probably the largest mineral area in Colo¬ 
rado; its wide diversity of precious and rare minerals; its wonderful 
tungsten belt, the largest in the world; its splendid facilities for economic 
mining, and marketing of ores occasioned by the construction of two 
new* railroads through the gold-fields; its millions upon millions of tons 
of low grade ore, the result of over forty years of development, rendered 
marketable by the great reduction in treatment charges; the replacement 
of the single adaption of up-to-date and economic mining methods, 
throughout the field all these factors and many others predict for 
Boulder county the coming gold fields of Colorado. 

cA TRIP TO UNITED STATES GOLD 

(By Col. W. B. Teters, Veteran Mine Operator and Expert of 

Boulder County. 

When I first came to Boulder in 1875, the great mining activity of 
the county was centered around the famous Caribou mine, which then 
ranked as one of the greatest mines in Colorado. During the summer 
of 1875 I spent a great deal of time prospecting the country west of 
Caribou, extending towards the Continental Divide. The excitement 
over the Caribou had attracted the attention of prospectors from all 
over the country, and I found all the territory staked for a radius of five 
miles surrounding the Caribou camp. 













32 


THE GOLD FIELDS OF BOULDER COUNTY. 


It was therefore with unusual pleasure and interest that I recently 
made a trip to the mines of the United States Gold Corporation on 
Arapahoe peak, through the courtesy of the management to visit a 
country that I thoroughly prospected some thirty years before. The 
first thing which attracted my attention was the splendid wagon road ex¬ 
tending from Eldora to the mines up Fourth of July gulch, a distance 
of some five miles. When I was in this country in '75 it was wild and 
inaccessible, except by a precipitous trail from Caribou. 

As we arrived at the camp I was impressed by the marvelous grand¬ 
eur of the scenery. It was indescribable. We were at an altitude of 
over 10,000 feet. To the west of us we could see the crest of the Conti¬ 
nent. On either side of this rose Chittenden mountain and Arapahoe 
peak to their dizzy heights. I was reminded of the striking similarity of 
this scene to the San Juan country and Ouray, in Gunnison county. I 
recalled Tom Walsh’s advice to the prospector to go to the Continental 
Divide to find great mines. I was swept with a conviction that here 
nature had lavishly deposited her precious minerals, and, here at the 
backbone of the continent was a mining section of wonderful possi¬ 
bilities. 

One of the things that particularly attracted my attention was the 
existence of ideal conditions for economic mining. High up on the 
mountain side were .the out-croppings of large veins standing like a wall 
above the surface. They ran parallel with the mountain one above the 
other, in succession. The series of veins could be opened and drained 
by one tunnel of a comparative short distance, driven from the base of 
the mountain, at a cost less than a shaft could be sunk on any one of 
the lodes. Up and down the gulch for a mile and a half the patented 
ground of the company was covered with a wealth of standing and fallen 
timber, so thick as to make travel impossible to man or beast except 
upon the wagon road. The same condition also existed on the various 
lode claims and I could roughly estimate there was two million feet of 
timber on the territory owned by the company. Here was an ample 
supply to timber, miles and miles of underground workings as well as 
for fuel and power. Close at hand the head-waters of Boulder Creek are 
formed and within a stone’s throw of the company’s power house, a large 
stream of water flowed by which can be harnessed for cheap power and 
utilized for milling and smelting purposes. 

EQUIPMENT. 

It was a pleasure to find that this company had grasped the full 
force of the situation. At the base of the mountain the Ivlondyke tun¬ 
nel has been projected some fifteen hundred feet in length and was then 



THE GOLD FIELDS OF BOULDER COUNTY. 


33 


in over 750 feet. It was a greater pleasure to note the up-to-date and 
modern mining methods that were in evidence at this camp. A splendid 
power plant stood at the portal of the tunnel. Boilers, engine, five drill 
air compressors, with all other equipment, and in perfect running oper¬ 
ation. No where in the country have I seen a finer plant of machinery. 

KLONDYKE TUNNEL. 

At the breast of the Ivlondyke then in over 750 feet into the moun¬ 
tain, six foot drill holes were being driven into the granite every few 
minutes with power drills, where it would have taken as many hours by 
hand. 

In dimensions, the tunnel is 5 to 7 feet, laid with heavy track and 
water box and is run through solid granite for its entire distance, cut¬ 
ting the lodes at right angles. 

Five different veins had been cut ranging from two to ten feet 
in width. We went into the Monroe vein, where a long drift had ex¬ 
posed to view thousands of tons of heavy black iron ore. The vein as 
shown by cross cuts from the drift was full ten feet wide. In the roof of 
the drift several feet of soft mill dirt was exposed on the left side, 
which was seamed like a fine net with black mineral or iron,‘which, in 
this section carries the gold. The matrix or gangue in the vein is very 
soft, while the iron is very heavy, a condition highly favorable to con¬ 
centration, where the ore is too low to ship to smelters. I was reminded 
of the great mines of Gilpin county, which have produced millions of 
dollars from the same character of ore. In this day and age it is not so 
much the value of the ore as it is the quality of ore in the mine, so long 
as a net profit can be derived from the whole. The great tonnage of ore 
that can be mined from this vein above the tunnel level at a few dollars 
per ton net profit to the company is the one factor which convinced me 
of the marvelous possibilities of this one lode. Another factor worthy of 
mention is the width of the ore chute and small expense at which the 
ore can be shot down and run out by gravity to the portal of the tunnel 
for concentration or shipment. 

The other four leads exposed by the tunnel were smaller than the 
Monroe, but many of them showed very good looking ore. They were 
all blind leads which were not exposed on the surface. In my judgment 
many more blind leads will be discovered in completing the tunnel and 
I should not be surprised if some of them would be as good or better 
than any that are exposed. 

The mountain is very rich in mineral as is evidenced by discovery 
of molybdenite in the Monroe lode since my visit to the property. The 





34 


THE GOLD FIELDS OF BOULDER COUNTY. 


company is pushing the tunnel to completion very rapidly and anticipate 
having it into the Fourth of July dyke long before the end of this year. 

THE SURFACE. 

For over a half a day we followed the outcroppings of the Monroe 
and Arapahoe lodes from east to west. The mountain side is literally 
covered with great chunks of float and vein matter which have been brok¬ 
en off these veins. Some of these will weigh a ton and will pan free 
gold. In 1875 I was over this section and assayed a great deal of the ore. 
It would run as high as $20 per ton but in those days such ore was 
worthless. 

FOURTH OF JULY DYKE. 

The Klondyke lodes covering about a mile on the Fourth of July 
Dyke outcrop on the surface above timberline. The rise of the moun¬ 
tain was so great that we wiere obliged to pick out our way up and 
around to the point under which the tunnel will cut with great care. 
We had climbed 1,000 feet above the level of the tunnel to reach this 
lode. The dyke at this point was fully one hundred feet wide. It is a 
small mountain in itself and can be seen for miles either way. 

I recOgnized on the lower edge of the dyke an old shaft which was 

there in 1875. I remember well in that year the circumstances of two 

miners sinking the shaft on a rich pocket of ore from which they mined 

some fabuiousiv rich ore and carried it over a three mile trail to Caribou 
«/ 

on their backs as there was no other means of transportation. Several 
thousand dollars was thus mined from the shaft of my own knowledge 
The owners of the lode later became discouraged and I am informed 
abandoned it. I understand that samples from the dump of this shaft 
gave values as high as $1,000 per ton. Here at this point stood a ledge of 
ore fully 20 feet wide, which I was informed, would run better than $20 
per ton by actual tests in gold, copper and silver, the copper values being 8 
per cent. In my judgement the dyke is the most valuable of the miles of 
claims owned by the company. It is one of the greatest mineral dykes 
that I know of in the state. Fossett refers to it in his book on Colorado 
at page 369 as follows: 

“The Fourth of July lode is an immense ore channel situated several 
miles west of Caribou and near Arapahoe peak. This is from 50 to 100 
feet wide, and has been traced and. preempted for its entire course of 
three miles. It crosses the snowy range. This lode contains some very 
rich seams of ore but requires capital to open it into condition for advan¬ 
tageous mining. Two tunnels are being driven towards it from the 
headwaters of the Boulder.” 



35 


THE GOLD FIELDS OF BOULDER COUNTY. 

It was an open secret in the earLy days of the Caribou with its record 
production of millions upon millions of dollars that the Caribou and 
Sherman leads were a branch or spur from the Fourth of July dyke. 
I prospected the ground in ‘75 and ? 76 and proved this theory to my 
own satisfaction. The Company have a mile on the main dyke itself. 
It lies several miles closer to the Continental Divide than the Caribou 
and carries high values in copper. Here is a body of ore right at the 
surface of remarkablei values, which can be mined now at a profit. That 
no effort to do so has been made by the company is manifest from the 
precipitous character of the mountain side. 

However, when the Klondyke tunnel is driven into this 100-foot 
dyke I should not be surprised to learn of a strike that would make this 
property rival or even surpass the great Caribou. In any event, the 
possibilities are beyond estimation. ;That the tunnel will open up a 
great body of smelting ore seems to be a matter of absolute certainty. 

I stood upon this ledge above timber line and looked upon the 
thousands of tons of float scattered for hundreds of feet below me, and 
tried to contemplate the possibilities of the future when the Klondyke 
tunnel cut this dyke at the marvelous depth of 1,000 feet as well as a 
dozen other lodes at a somewhat lesser depth, I understood why the 
management and stockholders of the company believed that the stock 
would pay dividends to themselves and their children’s children. I be¬ 
lieved it myself. 

Considering the great magnitude of the enterprise the management 
have made great progress in carrying on its plan of development work. 
I understand the tunnel is now in 800 feet and is now being driven in 
night and day a distance of some 150 feet monthly. It seems certain 
that the tunnel will be completed in a few months and it seems equally 
Certain that the company will go on a permanent shipping basis this 
year. The quiet systematic manner in which the management have 
pushed their development work for two years meant business from the 
start and is an example which could be followed with great profit by the 
owners of other mines of Boulder County. 

In conclusion, I wish to say that I had a most enjoyable trip to the 
United States Gold Camp and I appreciate the courtesy of the manage¬ 
ment in this connection. I have confidence in both the properties and 
management and for the reasons which I have given, I believe they have 
a proposition of extraordinaryy possibilities. 


W. B. TETERS. 





36 


THE GOLD FIELDS OF BOULDER COUNTY. 


One of the Greatest cMining Propositions in Colorado 

(Copied from Eldora Record May IT, 1904.) 

“The great dykes in this region have heretofore been developed only 
in a desultory fashion. They exist on the continental divide, where the 
second upheaval has made great fractures in the earth's surface, allowing 
the mineralized waters free access to percolate through the fissures and 
deposit their precious wealth. If these great dykes prove with depth 
what the surface indicates, they will make some of the greatest mines 
in Colorado and pay hack the capital invested to develop them many 
times over in dividends. The managers of the United States Gold corpor¬ 
ation are going about the matter of developing their prpoperty in a busi¬ 
ness-like and energetic way and will probably revolutionize mining in 
this part of Colorado." 

“The writer has personally examined the properties of this com¬ 
pany and of the Fourth of July and can say that if there is any section 
of the mountains that can produce dividend paying mines it is the 
locality of these two great properties and he can speak from personal 
experience of the sterling integrity and business ability of the officers 
of this company and of the other as well." 

“In the driving of the tunnel already the miners have encountered 
another vein that was not known to exist from the surface indications 
and the values in this vein run as high as $65 per ton. We consider this 
1o be one of the greatest low-grade propositions hi Boulder county 1 and 
it is a fact in mining history that it is the consistent low-grade property 
with the wide and strong veins of the sulphide ores, such as are found in 
this belt, thac produce the great dividend payers." 

Opinion of Hon. W. A. Poynter, Ex-Governor of cNfebraska 

Lincoln, Neb., Feb. 25, 1904. 

MR. JOHN F. ROWELL, Eldora, Colo. 

f 

Replying to your inquiry as to my opinion of the United States 
Mine I would say that I see no reason why it should not be a great 
property. It is situated on the same lode upon which the Consolidated 
Copper and Silver Mining and Smelting Company is operating, and, be¬ 
ing on the Board of Directors of that company, I have every faith in 
the ultimate success of the enterprise. Your property joins that and 
the conditions are practically the same and I believe that when vou 
have developed your property until you reach the lode you will find a 
great reward. 

I assure you I wish you success in your enterprise and I feel confi¬ 
dent that you will have success. Yours truly, W. A. POYNTER. 




The United States Gold Corporation 

General Office, Boulder, Colorado 


CAPITAL STOCK - - - $3,000,000 

PAR VALUE SHARES - $1.00 EACH 

FULL PAID AND NON-ASSESSABLE 
NON-PERSONAL LIABILITY 

TREASURY STOCK - - - 1,000,000 SHARES 
TREASURY STOCK RESERVE ,800,000 SHARES 


OFFICERS. 

Edward Monroe.President and Gen’l Mgr. 

A. J. Macky.Vice President 

John R. Wolff.Secretary and Attorney 

John W. Middlesworth.Treasurer 

John F. Rowell.Superintendent 


DIRECTORS. 


Edward Monroe.. 

Wall 

.Boulder, 

Paper Merchant. 

Colo. 

A. J. Macky. 

President 

First National 

.Boulder, 

Bank. 

Colo. 

Tohn R. Wolff. 

Attorney and Counsellor 

. Boulder, 
at Law. 

Colo. 

John W. Middlesworth. 

Stock Raiser. 

. Boulder, 

Colo. 

Geo. A. Phillips.. 

Merchant. 

. Boulder, 

Colo. 

B. F. Mohler. 

Merchant. 

. Lincoln, 

Neb. 

E. G. Chaffer. 

..Washington, Ill. 

Capitalist. 


DEPOSITORY. 

First National Bank 
Boulder, Colo. 


REFERENCES. 

First National Bank, Boulder, Colo. 
Boulder National Bank, Boulder, Colo. 

The Mercantile Bank & Trust Co., Boulder, Colo. 
Or Bradstreets Mercantile Agency. 



















38 


THE GOLD FIELDS OF BOULDER COUNTY. 


The United States Gold Corporation 


■■HEB 




ORGANIZATION. 

Early in the year 1903 the United States Gold Corporation was 
organized by business and professional men of northern Colorado along 
somewhat unusual lines. Acting upon the theory that nature has de¬ 
posited her greatest treasure vaults near the Continental Divide these 
men acquired the cream of the rich mineral territory on Arapahoe peak, 
in the western part of Boulder county in the heart of the gold, copper, 
silver belt including placer, timber and a mile on the famous Fourth of 
July Dyke, or mother lode, from which the Caribou millions were tak¬ 
en. They developed them by shaft, adits and short tunnels to the ex¬ 
tent of their individual ability until they became convinced that the 
properties could be developed into great gold producers. 

Anticipating the tremendous possibilities of this section, when the 
Moffat Ry. should be completed, which was then projected and is now 
running within five miles of these properties, as well as of co-operation, 
where individual action must fail, these men decided to consolidate 
their group of properties and form a corporation to take them over which 
they did, the owners exchanging some two hundred and thirty acres of 
proven properties for stock. The company was capitalized at three mil¬ 
lions of dollars, which was as small, as the magnitude of the proposition, 
and the large outlay required to develop such a vast mineral estate, would 
warrant. 

Of this amount one third of the entire capitalization was placed in 
the treasury to continue the development of the properties and place 
them upon a dividend basis. 

The change of economic conditions since the organization of the 
company that have made for the greater success of this enterprise has 
been nothing short of marvelous. The Denver and Golden smelters, 
some 57 miles distant have made large reductions in smelting rates so 
that much of the ore which formerly went over the dump can now he 
shipped at a net profit including rock that runs as low as six dollars. 

PROPERTIES. 

Of the property conveyed to the Company one hundred and eighty 
acres has been patented and the balance is in process of patent. It would 









THE GOLD FIELDS OF BOULDER COUNTY. 


39 


A mining enterprise with possibilities second to none 
in Colorado 


be impossible to convey to the reader by words the extent of the great 
ore deposits and gold bearing dykes, embraced by the holdings of the 
company. Briefly described this lode system comprises almost a mile 
in length by a half a mile in width. Through this tract a series of lode 
claims run parallel with the mountain one above the other, of which 
three great lodes outcrop on the surface, consisting of the Monroe, vary¬ 
ing from ten to twenty feet in width, the Arapahoes from twenty to thir¬ 
ty feet in width and the Klondvkes, an immense ore channel from fifty 
to one hundred feet in width, covering a mile of the Fourth of July 
dyke or “mother” lode, seamed through and through with bournite of 
copper, gold and silver. 

PLAN OF DEVELOPMENT. 

Nature’s keystone to successful mining is the tunnel, because it af¬ 
fords the most economic method of mining ore. Nature has furnished 
ideal conditions for tunnel mining at the property of this Company. 
Therefore, recognizing the magnitude of this enterprise the directors of 
the Company at once outlined a plan of development to open up the 
mammoth dykes and ledges by means of the Ivlondyke Tunnel to be 
started at the base of Arapahoe peak and to open up each of the three 
dykes at a depth of two hundred, five hundred and eleven hundred feet 
respectively in a maximum distance of fifteen hundred feet of tunnel 
driving, thus enabling the Company to drain its ore bodies and run its 
ore out by gravity, thereby saving to the Company an expense which 
would alone more than pay for the construction of the tunnel in the 
course of two years’ time, and obtaining a maximum development at a 
minimum cost. 

THE KLONDYKE TUNNEL SITE. 

Pursuant to the plan of development thus mapped out our surveyor 
and consulting engineer, Mr. John W. Kittredge, surveyed and staked 
the Kloyndyke Tunnel site claim 3,000 feet in length at a point on the 
properties of the company where the greatest depth on each lode claim 
could be obtained in the shortest distance. Although the tunnel site is 
3,000 feet long the tunnel itself will cut the largest ore body in a dis¬ 
tance of 1500 feet and at a depth of eleven hundred feet. The location 
of the tunnel site claim gives to the company the right to all blind leads 





40 


THE GOLD FIELDS OF BOULDER COUNTY. 


discovered in the construction of the tunnel, including the right to lo¬ 
cate lode claims 1500 feet on either side of the tunnel where discovered. 
The law further prevents and denies the right of any person to pros¬ 
pect for leads within a radius of 3,000 feet ahead of the tunnel and 1500 
feet on either side of it. The tunnel and tunnel site therefore preserves 
for this company all the minerals that may he discovered within an area 
of 3000 feet square. In April, 1903, the construction of the Klondyke 
tunnel was made 5 by 7 feet in the clear, which gives room for single 



Power drill “slugger” at the breast of the Klondyke Tunnel 
ready to bore a hole six feet long into solid granite. 

track and water box to one side. The beginning of this tunnel wit¬ 
nessed the beginning of the great mining enterprise of the United 
States Gold Corporation, which has been prosecuted night and day for 
the past two years by hand and by power, and the tunnel at the time 
this article goes to press is more than half completed with the wonder¬ 
ful results hereinafter given. 

EQUIPMENT. 

A modern up-to-date power plant, blacksmith and machine shop 
are located at the portal of the tunnel. It consists of 50-horse power 






THE GOLD FIELDS OF BOULDER COUNTY. 


4i 


boiler, 5 drill Leyner air compressor, engine, Ingersoll Sargeant air drills 
with all necessary equipment. No finer plant exists in the county. A 
gravity water plant furnishes the purest mountain water for the boil¬ 
er and air compressor. The arrangement of the machinery is superb, 
giving the greatest convenience,- speed and economy at a minimum cost. 

DEVELOPMENTS. 

For over two years work has been prosecuted night and day in the 
driving of the Klondyke tunnel since the organization of the company. 
The breast of the tunnel is in over 800 feet. Six veins have already been 
cut by the tunnel including the Monroe and Arapahoe lodes. The pos¬ 
sibilities of ore production from these six lodes are beyond estimation. 
Not a single vein cut by the tunnel was barren but all expose ore in 
large quantities and the management believe that they can produce fifty 
tons of ore daily after June first from the veins already cut by the tun¬ 
nel, and gradually increase the production to one hundred tons in a 
short time from which the company will derive a net revenue of 200 to 
500 dollars per day. 

Work has been prosecuted in drifting on the Monroe lode almost 
constantly since it was cut by the tunnel in September 1903, and thous¬ 
ands of tons of ore have been blocked out in this vein ready for ship¬ 
ment to the smelter. 

Perhaps no experience in mining will illustrate the wonderful pos¬ 
sibilities of development than the great discovery disclosed to the Com¬ 
pany by the drift on the Monroe lode. For months the breast of the 
drift showpd a mass of heavy black ore streaked with pure white quartz, 
running uniformly $12 to $20 per ton in gold. The ore was pronounced 
iron by the assayers. By the merest accident the management had a 
chemical assay made on the ore which resulted in the wonderful discov¬ 
ery that the company had opened up thousands of tons of gold molybde¬ 
nite ore, a rare metal, worth many hundred dollars per ton. At this 
writing the ore chute still continues in the breast of the drift. This 
ore body is eight feet wide, over one hundred feet in length to the pres¬ 
ent breast and how much farther it extends is a matter of future devel¬ 
opment. 

There are but two molybdenite mines in the United States, one in 
Maine and one at Crown Point, Washington, and this discovery is the 
the first one ever made in Colorado in commercial quantities. It is one 


A permanent dividend gold stock, is the greatest invest¬ 
ment in the world 






42 


THE GOLD FIELDS OF BOULDER COUNTY. 


of unusual importance, the actual extent of which cannot be estimated 
until returns are had from a car load shipment which is now being made. 

Molybdenite is used in the manufacture of molybdic acid and as 
an alloy or metal in the manufacture of the finest of tool steel, and its 
use is constantly widening and the demand so far exceeds the supply as 
to afford a ready market at a high price for the ore as fast as it can be 
produced. The management estimate that the company can output a car 
load of ore per week of a total value of $1,600 to $2,000 per car or $6,400 
to $8,000 per month, figuring on a minimum production, and a price far 
under the market quotations. 

At this writing our tunnel is in 800 feet well laid with track and 
water box to the breast, all constructed on water grade and well venti¬ 
lated with air shaft upraised to the surface, and represents an expendi¬ 
ture of ten thousand dollars. The tunnel is now penetrating rich string¬ 
ers of ore from the Arapahoe lode which foretells the greatest strike yet 
made by the tunnel, when it pierces through the vein in the next twenty 
feet. This will open the second great dyke traversing the company’s 
property and the management now estimate that it will more than dou¬ 
ble the present capacity of the tunnel for ore production, now estimated 
at from 50 to 100 tons daily. 

PLAN FOR FUTURE. 

All energies are now being concentrated in the completion of the 
Ivlondyke tunnel into the “mother’’ lode or Fourth of July Dyke as 
fast as money and power can put it there. This is the last hut greatest 
of the company’s ore deposits. At the point where the tunnel will cut 
it, an ore body 20 feet wide now outcrops which runs $22.50 per ton in 
gold, silver and copper, and when tins opened up at the 1,000 foot point 
the management predicts a strike which will make all of the other mar¬ 
velous discoveries on this property pale into insignificance. 

The management now estimate that they can complete the tunnel 
by next September and open up not less than ten lodes and dykes at a 
depth of from 225 and 1100 feet with almost a mile of ground on each 
vein to drift on. 

Anticipating the early completion of this tunnel as mapped out 
the company have placed their order for ten Little Wonder air rock 
drills, advertised in the hack of this hook, to drive by power the drifts 
on each vein cut in the tunnel. The company will then be free to begin 
its ore production on a gigantic scale and it will he rolled out of the 
tunnel to wagons, to the railroad and to the smelters as fast as possible, 
and then will begin the permanent dividend period of the company. 



THE GOLD FIELDS OF BOULDER COUNTY. 


43 


ECONOMIC CONDITIONS. 

In our report to stockholders in December we outlined a plan to 
erect a concentration mill of 25 to 50 tons capacity. Since that time 
the wonderful discovery of molybdenite, the increase in gold values, the 
reduction of smelter rates to $4.00 per ton for both treatment and rail¬ 
road transportation, and the construction of the Colorado Northwestern 
Ky., to Eldora five miles distant from the portal of our tunnel, has rev¬ 
olutionized the plans originally laid out. It will now he possible to ship 
ore as low as $6.00 per ton at a profit, and, therefore mill and reduc¬ 
tion works will be a matter for the future, after the affairs of the com¬ 
pany have been placed on a dividend basis. 

ECONOMIC MANAGEMENT OF COMPANY'S BUSINESS. 

True to the promises of the projectors of this enterprise made in 
the beautiful prospectus of the Company, “Colorado Gold,” the affairs 
of the company have been conducted with rigid economy. Notwith¬ 
standing the officers of this company are men of large affairs, whose 
time is valuable, they have devoted unlimited time in carrying on this 
great enterprise to a successful conclusion, without any compensation, 
and in many instances paying their own expenses. Edward Monroe, our 
President and General Manager, has devoted more than half of his time 
for the past eighteen months to the interests of the company. Mr. John 
B. Wolff, Secretary and Attorney for the company, has with painstaking 
care directed the legal affairs of the company in perfecting its titles and 
in directing correspondence. 

So also all the directors and officers of this company have used their 
combined energies and judgment in obtaining for the company a maxi¬ 
mum of results with a minimum of expenditures in every department 
of its business. 

All of the money raised for carrying on the business of this com¬ 
pany has been raised by the personal efforts and labor of officers and 
directors, Mr. John F. Powell, our superintendent, having spent the 
greatest portion of his time on the road in the sale of treasury stock. 
This course has resulted in saving to our stockholders payment of large 
commissions and the expense of raising the money has been reduced to 
a minimum. 


I T will go on a big producing basis this year. This is 
your last opportunity to secure an interest. 






44 


THE GOLD FIELDS OF BOULDER COUNTY. 


W HEN this offering is subscribed our treasury stock 
will be permanently withdrawn from the market 


FINANCIAL CONDITIONS. 

The, affairs of the company are in splendid condition. They have 
no preferred stock, no bonds, no debts, one thousand dollars in the 
treasury, many thousand dollars worth of treasury stock subscribed for, 
power plant in perfect running operation and properties patented or in 
process of patent. 

' TREASURY STOCK. 

To carry on development work of driving tunnel, blocking out ore, 
building automatic ore bins, roads, and other facilities for ore shipments, 
the company offer one hundred thousand shares of treasury stock at a 
nominal price of 15 cents per share for cash. The thousands of tons 
of ore now blocked out, the miles of veins to draw from, and the mar¬ 
velous developments to follow the completion of the Klondvke tunnel 
have removed any speculative feature from the stock offering of the 
company and reduced its affairs to a manufacturing basis. It is safer 
than a manufacturing business because the United States government 
will purchase the product of our gold ores. It will not do so with the 
manufacturer. 

All of these features we offer to the investor as an absolute guaran¬ 
tee of the safety of his investment and of the absolute certainty of per¬ 
manent, and large returns for an indefinite period. 

The millions upon millions of dollars lost to the investors in great 
industrial enterprises and the expose of swindling buccaneering methods 
of the votaries of finance in New York, by which the investor has been 
parted from many more millions, has convinced the wide awake investor 
that he takes less risk, and is assured of a thousand fold greater return, 
in a straight legitimate mining investment, than in any other class of 
stocks, and that a permanent dividend gold stock, is better than a gov¬ 
ernment bond. 

Because of this condition we predict that this stock offering will be 
quickly taken when we will withdraw treasury stock from the market 
with a reserve of 600,000 shares in the treasury, dividends upon which 
will be divided pro rata among the stockholders. Persons who want to 
be assured of getting a part of this offering should write or telegra ph 
their reservations of stock to 

THE UNITED STATES GOLD CORPORATION 

Edward Monroe, President and General Manager. Boulder, Colo. 





The S. H. Supply Co. 

--—. Denver, Colo. -- --- 

The Machinery & Supply House of the West 


W E carry a complete stock from the fol¬ 
lowing high grade manufacturers, and 


immediate shipment can be made from our 
stock of their products. 


NAGLE ENGINE & BOILER 
WORKS, ERIE, PA. 

Standard and high pressure 
Boilers of every description. 
Horizontal and vertical en¬ 
gines, slide valve and auto¬ 
matic. All sizes kept in 
stock up to ioo horse power. 
Corliss engines 80 to 300 
horse power. 

GOULD PUMP WORKS. 
SENECA FALLS, N. Y. 

Power pumps for every pur¬ 
pose. Triples, Duplex and 
single electric mine pumps, 
outside packed, electric sink¬ 
ers, vertical triples, for 
pumping station, railroads, 
etc. 

CHICAGO BELTING CO., 
CHICAGO, ILL. 

Reliance Leather Belting. 


CAMERON STEAM PUMP 
WORKS, NEW YORK. 

Sinking, boiler feed and 
station pumps. All sizes m 
stock. 

MECHANICAL RUBBER 
CO., CHICAGO. 

Elephant and Bengal Rubber 
belting, suction, steam and 
water hose. Superior air 
and drill hose. 

AMERICAN COMPRESS¬ 
OR CO., AURORA, ILL. 

Simple steam and air, simple 
steam compound air, com¬ 
pound air and steam, air 
compressors. 

STANDARD SCALE CO., 
PITTSBURG, PA. 

The only scale manufacturers 
outside the Trust. 


W E issue a catalogue giving net prices on supplies 
of every description. Send for it. It will save 
you the trouble of figuring discounts. 


THE S. H. SUPPLY CO. 


18 th and Lawrence Sts., Denver, Colo. 








JOHN % WOLFF 


mi 


1216 Pearl Street 


cATTORNEY AND COUNSELLOR 
cAT LAW 

Boulder, Colo. 


EDWARD MONROE 

WHOLESALE AND p aper J^hant 

1206 PEARL ST., BOULDER 

ELMER G. EMBREE 



BUYER OF ORE 

Phone 1151 Red 944 PEARL ST., BOULDER 


WILSON & WEBBER 

The oldest agency in point of time 
in the City of Boulder, having been 
engaged in the business at 1236 Pearl 
street for over sixteen years. We 
have a large list of both improved 
and unimproved Boulder City prop¬ 
erty, and a great number of line 
farms, and farm lands for Sale. Can 
arrange terms to suit purchaser. 

ALWAYS READY TO SHOW PROPERTY 
WE SOLICIT CORRESPONDENCE 


Real Estate 
Insurance 
Mines and 
Loans 


WILSON & WEBBER 









Challenges the World for Scenic 
Grandeur and Beauty 


Serves the mining camps of Sa- 
lina, Wall Street, Ward, Sugar Loaf, 
Caribou and Eldora. Passes directly 
through the wonderful tungsten fields 
Through trains from Denver via 
Colorado & Southern Ry. 


L. R. FORD, General Passenger Agent, Boulder, Colo. 




vvs 




vv\ 




vvw 


wv< 


v\\ 




v\\\ 




The Colorado & North- 

western Rd. 


















Kr COPY RFODV: 

MAY 15 1905 


LITTLE WONDER 

AIR HAMMER ROCK DRILL 



“The Original Air Hammer Drill Applied to 

Rock Mining" 


READ THESE 
FACTS AND 
BE CONVINCED 





The Little Wonder weighs but 
pounds. 


18 


Can be operated in any place, con¬ 
sumes less than 25 cu. ft. of free 
air per minute. 

Will put in more feet of holes per 
cubic foot of air consumed than 
any drill manufactured. 

This machine is no experiment, its 
success is assured. Let us refer 
you to some of the users and 
thejr will tell you how they are 
saving money. 

Write for catalogue and list of Colo¬ 
rado mines using Little Won¬ 
ders. Let us figure on your equip¬ 
ment. 




The Hartshocg Wonder Drill Co. 

Ottumwa, Iowa 

COLORADO DISTRIBUTING AGENCY, HARRY L. SINCLAIR, 
MANAGER, NO. 1744 BROADWAY, DENVER, COLO. 




LOW RATES 


VIA 



During the summer exceptionally low round trip rates will be in effect 
from all points to Portland, San Francisco, Los Angeles and Denver, ac¬ 
count of the Lewis and Clark Exposition and the various conventions to 
be held at above points. 

Choice of routes returning. Liberal stop-overs allowed on through 
tickets at and west of Denver in both directions. Between San Francisco 
and Portland tickets may be purchased either via steamer or rail. 

Stop-overs may be had on all classes of tickets at Ogden or Pocatello, 
which read to or from the Coast, for side trips to Yellowstone National 
Park, which can be made for $4950 

The “OVERLAND LIMITED,” the famous California train, runs 
every day and is the finest and fastest train between Chicago and San 
Francisco. It is composed entirely of Pullman Palace cars. Every car 
electric lighted. Composite Observation car. 

Two other fast trains Daily with standard and tourist Pullman 
sleepers. 

For full information apply to Union Pacific agents or to, 


J. C. Ferguson, General Agent 

Denver, Colo. 




















































Treasury Stock 


The United States Gold Corporation offers for public 
subscription 100,000 Shares of its full-paid, non-assess- 
able Treasury StocK, par value $1 per share, at the fol¬ 
lowing nominal prices and easy terms: 


Special Cash Price 


$150 cash buys out¬ 
right lOOO shares 

$225 cash buys out¬ 
right 1500 shares 

$300 cash buys out¬ 
right 2000 shares 

$750 cash buys out¬ 
right 5000 shares 

Larger amounts pro rata 


cA. dividend of 10 per cent per annum 
will return annually on an investment 
in this stock at the above price t almost 
70 per cent per annum 

The Board of Directors of this corporation estimate that the pro¬ 
ceeds of the above offering will place its properties upon a large produc¬ 
ing basis long before the end of this year and completely finance this 
enterprise. Therefore when this offering is taken, the further sale of 
treasury stock will be absolutely withdrawn from the market. 

v v 

The hundreds of inquiries for this book, as well as for 
information concerning this enterprise, since it was put 
in the hands of the printer, lead us to believe that this 
offering will be over-subscribed. There are only 100,000 
shares to be sold at this price 

If you want some of this offering you must get it quickly. If you 
want to be certain of it you should wire reservation subject to remit¬ 
tance, at our expense. 

THE UNITED STATES GOLD CORPORATION 

Per EDWARD MONROE, President BOULDER, COLO. 


Partial Payments 


$10 with subscription and $10 in seven 
equal payments secures.... 500 shares 

$20 with subscription and $20 in seven 
equal payments secures.... 1000 shares 

$30 with subscription and $30 in seven 
equal payments secures.... 1500 shares 

$40 with subscription and $40 in seven 
equal payments secures....2000 shares 

Larger amounts pro rata 











